Property ID: SAN PP 508

Location: Al Manara on Sheikh Zayed Road (SZR)
Property Type: Partially Rented Commercial Building
Ownership Type: GCC Freehold
Plot Size: 29,476 sqft
BUA: 112,928 sqft
Height: G + 2
Number of Units: 143

Hotel Apartment Units: 137
Retail Units: 6
Sale Price: AED 240 Million
Current Rental Income: AED 10 Million (Partially Rented)
Expected Fully Rented Income: AED 22 Million

Additional Costs:

Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price

This prime commercial building located in the prestigious Al Manara area on Sheikh Zayed Road offers an exceptional investment opportunity. The property features 137 hotel apartment units and 6 retail units, with a current rental income of AED 10 million from partial occupancy. When fully rented, the expected income can reach AED 22 million. With its strategic location and high visibility, this asset is poised for significant rental growth and long-term appreciation. Ideal for investors seeking a high-potential property in one of Dubai's most sought-after commercial corridors.